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प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
March 05, 2026
RBI imposes monetary penalty on Samruddhi Sahakari Bank Ltd., Nandgaon,
Nashik, Maharashtra
The Reserve Bank of India (RBI) has, by an order dated February 27, 2026,
imposed a monetary penalty of ₹10,000/- (Rupees Ten Thousand only) on Samruddhi
Sahakari Bank Ltd., Nandgaon, Nashik, Maharashtra (the bank), for non-compliance
with certain directions issued by RBI on ‘Submission of Data by Credit Institutions’.
This penalty has been imposed in exercise of powers conferred on RBI under the
provisions of Section 25 of the Credit Information Companies (Regulation) Act, 2005.
The statutory inspection of the bank was conducted by RBI with reference to its
financial position as on March 31, 2025. Based on supervisory findings of non-
compliance with RBI directions and related correspondence in that regard, a notice
was issued to the bank advising it to show cause as to why penalty should not be
imposed on it for its failure to comply with the said directions. After considering the
bank’s reply to the notice and oral submissions made during the personal hearing, RBI
found, inter alia, that the following charge against the bank was sustained, warranting
imposition of monetary penalty:
The bank had failed to submit credit information of its customers to any of the Credit
Information Companies (CICs).
This action is based on deficiencies in regulatory compliance and is not intended to
pronounce upon the validity of any transaction or agreement entered by the bank with
its customers. Further, imposition of monetary penalty is without prejudice to any other
action that may be initiated by RBI against the bank.
(Brij Raj)
Press Release: 2025-2026/2217 Chief General Manager